Mizuho Maintains Neutral on Wolfspeed, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vijay Rakesh maintains a Neutral rating on Wolfspeed (NYSE:WOLF) and raises the price target from $27 to $28.

June 18, 2024 | 12:27 pm
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NEUTRAL IMPACT
Mizuho analyst Vijay Rakesh maintains a Neutral rating on Wolfspeed and raises the price target from $27 to $28.
The Neutral rating suggests that the analyst does not expect significant short-term movement in the stock price. The slight increase in the price target from $27 to $28 indicates a modestly positive outlook but not enough to change the overall rating.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100